Global
Global: EU FinTechs Give EMI ‘Safeguarding’ Policy a Fresh Look Post SVB Collapse
If there’s a lesson that FinTechs must learn from Silicon Valley Bank’s (SVB) collapse, it’s the need to diversify their banking partners to include ...
Nigeria
Nigeria: CBN to Keep Policy Rates – Cowry Asset
Ahead of the monetary policy committee meeting scheduled for the week, analysts at Cowry Asset Management Limited said they see a decision to ...
Ghana
Ghana: We will continue to effectively regulate and promote safety, soundness of financial institutions – BoG
The Bank of Ghana has reiterated that it will continue to effectively regulate and supervise the Regulated Financial Institutions (RFIs) towards promoting the ...
Global
Global: SVB Crisis Spurs Greater Call for Bank Regulations, New Investigations
New laws, and new investigations, often follow bank crises. And after the collapse of three banks in five days, calls are growing both for ...
Global
Global: DXC Technology fined $8m by SEC for misleading investors
IT services biz DXC Technology has paid $8 million to settle a dispute with the US Securities Exchange Commission after being charged with ...
Global
Global: Alba granted banking licence by regulators
Scotland’s first bank solely dedicated to small and medium-sized business lending has been granted a banking licence by the UK Prudential Regulatory Authority ...
Global
Global: SEC Charges BKCoin With Fraud
The United States Securities and Exchange Commission says it has obtained an order to freeze the assets belonging to cryptocurrency firm, BKCoin Management ...
Africa
Africa: Regulators Force Jumia To Review Terms, Disclaimers For Consumer Protection
In a move to make the firm to take responsibility for actual transactions on its digital platform on the African continent, the Common ...
Nigeria
Nigeria: Zenith Bank gets CBN’s approval in principle to restructure into a holding company
The Central Bank of Nigeria has granted approval in principle for Zenith Bank Plc to transition into a non-operating financial holding company structure. ...
Global
Global: RBI fines Amazon Pay over KYC non-compliance
India’s central bank has fined Amazon Pay around $375,000 for non-compliance with pre-paid payment instruments and KYC rules. The Reserve Bank of India ...
